The Minister of Youth and Sports Development Mr. Sunday Dare has directed the onward payment of funds into the accounts of Nigerian athletes to provide some relief in the face of the COVID-19 pandemic.
The payments which commenced Wednesday, is part of the 10 million Naira donated by Remo Stars Chairman Kunle Soname and one million Naira from an unnamed patriotic Nigerian as take-off of the athletes relief fund.
The sum of fifty thousand Naira is being paid into the direct accounts of each of the athletes from the Central Bank of Nigeria (CBN) account of the Ministry of Youth and Sports Development.
It would be recalled that the Minister had floated a relief fund for the athletes whose source of earnings has ceased as a result of the COVID-19 pandemic following the suspension of all major sporting events in the world.
World Athletics – the global athletics governing body, two days ago also took a cue from the Nigerian example by floating a $500M appeal trust fund to assist athletes in the wake of the suspension of major sporting events around the world.
How To Make Your Money Work For You During The Covid-19 Pandemic” Earn up to $10,000 residual income monthly….Grab your copy Now! Copyright © 2020 Completesports.com All rights reserved. The information contained in Completesports.com may not be published, broadcast, rewritten, or redistributed without the prior written authority of Completesports.com.
You may be interested
UAE lifts ban on travelers from 12 African countriesWebby - January 27, 2022
FILE PIC: Kenya national carrier, Kenya Airways plane. /AP FILE PIC: Kenya national carrier, Kenya Airways plane. /AP The United…
Buhari inaugurates 3 million tonnes BUA cement plant in SokotoWebby - January 27, 2022
President Muhammadu Buhari on Thursday in Sokoto inaugurated a new 3 million metric tonnes per annum BUA Cement Sokoto Line…
Family of abducted GEJ’s cousin plead for his unconditional releaseWebby - January 27, 2022
Spread the loveThe family of Japhtah Yekorogha, a cousin of ex-President Goodluck Jonathan, abducted on Jan. 24, have, on Thursday,…